Cominix acquired 68% of Onishi Kiko (Osaka, Japan; sales ¥1.09 billion) on February 27, 2020, and subsequently made it a wholly owned subsidiary through a share buyback. The acquisition price was not disclosed.
Advent International, Cinven and RAG-Stiftung have signed definitive agreements to acquire thyssenkrupp's Elevator Technology business. thyssenkrupp AG will reinvest and retain a substantial minority stake.
Shenyang Machine Tool Group's aerospace company is finalizing the first production line of 22 machines for a major aerospace parts processing project in Shenyang, China. The line, consisting of six horizontal machining centers, will be delivered in mid-March 2020.
Advanced Energy Industries announced that its new 178,000 square-foot manufacturing facility in Penang, Malaysia has begun commercial operations. The facility will manufacture precision power supplies and generator products and is expected to employ approximately 550 people.
OSG Royco will expand its plant in Toluca, State of Mexico, increasing monthly tap production capacity from 180,000 to 300,000 units. The new facility is scheduled to open in March 2020 and begin operations in April 2020.
The Karl Mayer Group signed an agreement on February 26, 2020 to acquire the Stoll Group, an international leader in flat knitting. Stoll will become part of the Karl Mayer Group from July 1, 2020.
Utilimaster, a brand of Spartan Motors, opened a new 105,000-square-foot vehicle production facility in Bristol, Indiana to accommodate increased demand for commercial and fleet delivery vehicles. The facility will also support aftermarket parts and service and R&D. The company will add approximately 200 jobs.
Beijing Bohui Innovation Biotechnology Co., Ltd. has filed its intention to acquire Adchim SAS, parent company of the Interchim group, and subsequently combine it with its subsidiary Advion Inc.
Inission has signed and closed an agreement to acquire 100% of HY-Tech Comp Oy, a manufacturing service provider in mechanics, electronics and electro mechanics with facilities in Finland and Estonia, for EUR 3.3 million.
GNS Gesellschaft für Nuklear-Service mbH acquired 100% of Eisenwerk Bassum GmbH, a company with 106 employees at sites in Bassum and Peenemünde, Germany. The acquisition closed on 21 February 2020.
Curbtender, Inc., a manufacturer of refuse collection vehicles, announced the start of manufacturing operations at its new factory in Gothenburg, Nebraska.
Atlins Maskinfabrik in Ockelbo, Sweden, is investing in a Kiwa KH-45 horizontal machining center from Lichron to handle increased order intake. The machine is equipped with an 80-tool magazine and Fanuc control.
Siemens released detailed designs for its £200 million factory in Goole, UK, after submitting a planning application. The 55,000 sq m facility will be built in two phases, with the first enabling construction of the Piccadilly Line train order for London Underground. The factory could open in 2023 and create up to 700 jobs.
LiuGong held a groundbreaking ceremony for its East China base large intelligent mining machinery project in Changzhou, Jiangsu Province. The project will build 170,000 sqm of workshops on 500 mu of land, with annual capacity of 3,000 large engineering machines and 4,000 mining machines, with first phase completion by August 2020.
Tatung-Okuma Co., Ltd. held a groundbreaking ceremony for a second-phase warehouse and third-phase factory building in Yingge, New Taipei City, with an investment of NT$800 million. The expansion is expected to be completed by June 2021 and will create 150 jobs.
Sculfort received a new order for one Tandem Underfloor Wheel Lathe from Foshan Metro.
Frigortec has taken a new 1,300 sqm production hall into operation at its headquarters in Amtzell, doubling its production area. The hall will manufacture Granifrigor grain cooling units.
Elpro is investing in a new cable processing machine from Rittal to automate production and increase capacity. The machine will be installed in the new plant during the first quarter of 2020.
L&T Technology Services (LTTS) has been awarded a multi-year engineering services engagement from Dometic, a global leader in mobile living solutions. LTTS opened a dedicated global engineering centre to support Dometic's product engineering roadmap.
M. Holland Company announced an expanded distribution agreement with BASF 3D Printing Solutions to distribute Ultrafuse 316L stainless-steel composite filament in North America.
Harbin Air Conditioning (哈空调) signed two supply contracts with Shenghong Refining & Chemical (Lianyungang) for high-pressure air coolers and dry air coolers, totaling ¥107 million.
Charlotte-based Wastequip signed a definitive agreement to acquire Van Nuys, California waste container manufacturer Consolidated Fabricators Corp., which has California facilities and a plant in Tijuana, Mexico.
Independent Rough Terrain Center LLC (IRTC) in Cibolo, Texas, won a $62 million contract from the U.S. Marine Corps to build 60 Rough Terrain Container Handlers (RTCH). The contract will create 100 new jobs and is expected to be completed by 2024.
China National Pharmaceutical Technology (08156.HK) ordered 2 fully automated medical disposable mask production lines from Quanxing Intelligent Control System Engineering (Shanghai) Co., Ltd., with delivery expected by March 12, 2020. The company now has 12 lines total, with annual capacity exceeding 500 million masks.
Magirus Lohr will move from Hönigtal to a new plant in Zettling, Premstätten near Graz, Austria, with 17,000 m² of space and an investment of €10 million. The plant will include development, production, distribution, and a point-of-sale, and is expected to be operational by 2020.
AG Group reached a distribution agreement with Italian manufacturer FAE to distribute FAE's forestry mulchers for tractors in Spain.
JW Aluminum awarded PAE Technologies an order for an Alpur G3 3R degassing unit for its expansion project in Goose Creek, South Carolina, to be installed upstream of a new continuous twin-belt casting line.
Siempelkamp signed a contract with Egyptian company Wood Technology Co (Wotech) for an MDF plant with an annual capacity of 205,000 cubic meters, processing rice straw. The contract is the third-largest single order in Siempelkamp's history.
The UK Ministry of Defence awarded a contract to Chester (UK) Limited for the supply and delivery of 42 pillar drills to HMS Sultan. The contract value is £179,000 and runs from February 2020 to March 2021.
Barber-Nichols held a groundbreaking for a new 43,000 sq ft advanced manufacturing facility in Arvada, Colorado, with completion scheduled for early 2021. The company plans to hire more than twenty new full-time employees in 2020.
Burckhardt Compression is cooperating with GRZ Technologies, an EPFL spin-off in Lausanne, to develop a metal-hydride static hydrogen compressor for refuelling stations and energy storage. The compressors are designed for 200, 350 and 700 bar.
Siemens was awarded a contract to supply three boil-off gas compressor packages for Venture Global's Calcasieu Pass LNG export facility in Cameron Parish, Louisiana. Kiewit, the EPC contractor, selected Siemens for the balance-of-plant scope.
Gardner Aerospace ordered an 800-bar Flexform high-pressure fluid-cell press from Quintus Technologies for its new manufacturing plant in Chengdu, China. The press will be used for sheet-metal forming of aerospace parts.
Okamura announced it will absorb and merge its wholly owned subsidiaries Okamura Logistics and Cedar, effective July 1, 2020. The merger aims to optimize supply chain management and strengthen logistics and conveying equipment capabilities.
Rockwell Automation signed an agreement to acquire privately-held Kalypso LP, a US-based software delivery and consulting firm specializing in digital transformation for industrial companies. Financial terms were not disclosed.
Egyptian company Wood Technology Co. (WOTECH) placed an order with Siempelkamp for an MDF plant with an annual capacity of 205,000 m³ that will process rice straw as raw material. The contract was signed in December 2019.
AB Larsson & Kjellberg (L&K) was commissioned to manufacture a brand new hammermill for SSAB to ensure production in Oxelösund.
Navis Tubetex has launched a 6-meter wide nonwovens finishing machine for the automotive marketplace, including stenter, dryer, accumulation, inspection and rewind sections.
The Peikko plant in St. Petersburg, Russia, is expanding its capacity by using high-tech Konecranes cranes to improve efficiency.
Robert Bosch Australia has begun construction of a new $17 million plant in Clayton, Melbourne, to house its Bosch Manufacturing Solutions and Rexroth businesses. The facility will create at least 35 new jobs over four years.
As part of Alstom's acquisition of Bombardier Transportation, CDPQ will convert its investment in Bombardier Transportation into Alstom shares and invest an additional €700 million, becoming Alstom's largest shareholder with about 18% stake and two board seats.
Alstom has signed a Memorandum of Understanding to acquire Bombardier Transportation from Bombardier Inc. and CDPQ for €5.8 billion to €6.2 billion. CDPQ will reinvest proceeds and become Alstom's largest shareholder with about 18% stake.
Mills CNC will deliver and install a custom-designed automated manufacturing cell at Lenane Precision's facility in Shannon, County Clare, Ireland, in March 2020, representing a significant investment for Lenane.
WTO GmbH began construction of a new 'Smart Factory' and office building at its headquarters in Ohlsbach, Germany, investing a total of 40 million euros. The facilities will cover over 14,000 square meters, with completion planned for early 2021.
Andritz was selected by UPM to supply equipment and processes for all main process islands in fiber production and chemical recovery for UPM's new greenfield eucalyptus pulp mill near Paso de los Toros, Uruguay. The mill will have an annual capacity of 2.1 million tonnes and is scheduled for start-up in the second half of 2022.
Rheinmetall Automotive, through its subsidiary Pierburg, received a five-year contract extension worth €110 million to supply cooled exhaust-gas recirculation modules to a German engine manufacturer for industrial and agricultural equipment.
Hayley 247 Engineering Services acquired a majority share in WMH Transmissions Ltd and Apex Transmissions Ltd, based in Staffordshire, UK, to add precision linear motion expertise.
Linamar is building a new production hall in Orosháza, Hungary, to manufacture aerial work platforms and self-propelled scissor lifts, creating 100 new jobs.
E.I. Williams Industries will establish a manufacturing facility in Sarepta, Louisiana, to produce industrial sound-control equipment, creating 100 jobs with a $700,000 capital investment.
Grabner Gruppe held a groundbreaking ceremony for a new paint shop (Halle V) in Hartberg, Austria, with a floor area of over 1,000 sq.m and an investment of approximately €1.8 million. The facility is expected to be operational in June 2020.